3. What is meant by disposable personal income?
4. What do you mean by per capita income?
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Disposable income, also known as disposable personal income (DPI), is the amount of money that an individual or household has to spend or save after income taxes have been deducted.
Per capita income is a measure of the amount of money earned per person in a nation or geographic region. ... Per capita income for a nation is calculated by dividing the country's national income by its population.
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